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Finance and Revenue

(page 69 of 111)

Study Says Tax Rates Have Little Effect on Philanthropy

The review by Britain’s Charities Aid Foundation found that how much people give to charity is not influenced by whether they live in a country with high or low tax rates, reports the Financial Times.

Livestrong Looks Forward After Another Leadership Shuffle

The Austin American-Statesman looks at the state of Livestrong following the surprise departure of the cancer charity’s CEO last month and the elevation of a longtime Livestrong executive to take the reins.

African-American History Museum to Open in D.C. in September

The long-planned National Museum of African American History and Culture must still raise $40 million of its $270 million cost ahead of the September 24 opening, The Washington Post writes.

Ex-Head of Medical Group Gets 4 Years in $2 Million Theft

Michael Parry admitted funneling money from the Maryland-based American Registry of Pathology into a personal account to support what prosecutors termed a “lavish lifestyle with multiple residences,” The Washington Post reports.

Wounded Warrior Project Promises Independent Spending Review

The embattled veterans charity pledged Monday to conduct a “thorough financial and policy review” in the wake of media reports last week alleging lavish spending on parties and retreats, The Washington Post writes.

Columbia U. Center Aims to Tap Business for Climate Studies

With government funding for climate science stagnant, the center is working to engage corporate donors, the journal Nature writes.

State Reviews Clearing Planned Parenthood on Fetal Tissue

A dozen states that launched investigations of alleged sales of fetal organs by Planned Parenthood clinics have closed the inquiries without finding evidence of illegal tissue transactions, according to NPR.

Fidelity Charitable Grants Topped $3 Billion in 2015

The donor-advised fund’s disbursements included 733,000 grants to some 106,000 charities, reports The Boston Globe.

Blizzard Has a Steep Price Tag for D.C. Arts Groups

The historic snowstorm that paralyzed the Washington area forced local theaters and other arts venues to scuttle dozens of performances on what would have been a busy weekend, at a cost in the millions of dollars, writes The Washington Post.

‘Dark Money’ Dominating Ad Buys in 2016 Campaign Season

Nonprofits and other entities that are not required to reveal their financial supporters have accounted for nearly two-thirds of spending on political advertisements thus far in the election season, Bloomberg writes.

Ill. Suit Accuses Fundraising Firm of Misleading Tactics

The complaint filed Wednesday by state Attorney General Lisa Madigan charges Chicago-based telemarketer Safety Publications with deceiving charity donors out of millions of dollars, the Chicago Tribune reports.

With More People Involved in Fundraising, Giving Rose at Year’s End

With More People Involved in Fundraising, Giving Rose at Year’s End

Charities that broadened responsibility for fundraising by creating a “culture of philanthropy” were more likely to see strong fundraising gains. Having a capital campaign helped, too.

Tips and Tools for Better Annual Reports

A collection of advice and ideas for effectively showcasing the work your organization has accomplished in a given year.

New York Times Investigation Adds to New Criticism of Wounded Warriors Charity

Just hours after CBS broadcast a report on the Wounded Warrior Project raising questions about excessive spending on conferences for staff members and other purposes, The New York Times released an extensive investigation that highlighted additional concerns.

Survey Finds Big Slowdown in College Endowment Growth

After two years of double-digit gains, college and university investment funds grew a relatively meager 2.4 percent in the last school year, the Associated Press writes, citing the latest annual report by the Commonfund Institute and the National Association of College and University Business Officers.

Fla. Might Scrap State Charity Drive Amid Management Flap

Efforts by Florida lawmakers to reform the state government’s troubled workplace fundraising campaign have stalled as the governor’s office raises the prospect of eliminating the drive, the Tallahassee Democrat reports.